Organised by CII, the 5th edition of CII WestTech Summit focused on the need and enhancement of R&D across organisations. Kickstarting the inaugural session was Viren Joshi, Vice Chairman, CII Pune Zonal Council and CEO & President, Sigma Electric Manufacturing, who briefed the session on the importance of innovation and how such developments will bring the required strength in the industry. “We need to find ways of making India a manufacturing hub on a global scale. To achieve that, the Indian industry needs to take a quantum leap by enhancing advancements like IT, OT and ET,” he said.
The special address for the conference was delivered by Suhas Baxi, MD—South Asia, Konecranes India, who shared his thoughts on the need to create a global outlook for the Indian market and industry, thus, creating localised products. Moving ahead, there was a keynote address by R Mukundan, Chairman—CII Institute of Quality Advisory Council & MD, Tata Chemicals, who stressed on the approach towards the innovation centre of an organisation. The session was concluded by Shaffic Ahamed, Co-convenor, CII Pune IT & ITeS Panel and VP & Country Manager - IT, Sandvik Asia.
The next session hosted a panel discussion on the ‘Imperatives of R&D and Innovation for future of business’, moderated by Jehangir Ardeshir, Group CEO & Director Supervisory Board, Forbes Marshall Group. The panelists of the discussion included Ajay Tandon, MD & CEO, Tata Autocomp Systems; Dr Ravindra Kulkarni, MD, Elkay Chemicals and Mukund Vasudevan, MD and Country Head—India, Ecolab.
The subsequent session hosted a panel discussion on ‘How do we best expand R&D investment?’ moderated by Joshi, where the panelists included SD Ravetkar, Executive Director, Serum Institute of India; MS Shankar, Senior VP—Technology & Innovation, Anand Automotive; Dr Christian Teich, VP—Head of Powertrain Engineering, Bosch and Rajesh Madiwale, Business Head—Services & Solutions, SKF India. The next session also witnessed a panel discussion on ‘How to be an R&D-driven organisation?’ moderated by Ardeshir with panelists, Amit Biswas, Executive VP, Head-IPDO, Dr Reddy Laboratories; RR Sonde, CTO & Executive VP—Research, Technology & Innovation, Thermax and Dr Rajkumar Singh, Senior Director, Kalyani Centre for Technology & Innovation, Bharat Forge.
The last session hosted a panel discussion on ‘4th Industrial Revoution—Transforming Business Processes’, moderated by Pranjal Sharma, Economic Analyst and Writer—Advisory Board, PACI, World Economic Forum. The panelists included Ahamed, Jankar Nabar, CEO, Centre for Technology, Innovation and Economic Research (CTIER) and Gautam Dutta, Director—Digital Factory, Siemens Industry Software.